Tuesday, June 29, 2010

Has Chipotle Peaked?

Chipotle (NYSE:CMG), the Mexican fast food joint, is a valuable stock for investors, having generated over 200% returns since its public launch in 2006. The current market price of the stock is $145, up more than 3X since the initial public offering. Chipotle’s dramatic runup can be attributed to the company’s impressive growth and increasing profitability.

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